If you have a negative BKR registration, it is not easy to borrow money. Yet it is possible: borrow with a negative BKR registration, or in other words borrow money without BKR. What are the options in short?
- Giving things as collateral at a city bank,
- You can arrange a private loan with friends or family,
- You can take out an expensive mini-loan
- You can turn to a social credit bank.
- You can sell your own car and rent it every month
The mini loan is the best known. But that is also very expensive. There are not many mini-loan providers in the Netherlands, you can count them on one hand. This is because, thanks to new legislation, it is no longer possible to earn so much with mini loans. Nowadays you can only go to a few providers that circumvent the law by offering mini-loans from abroad.
The easiest and most secure way to borrow money without BKR verification is to do things as collateral. That is very well possible with a city bank for example, a loan. They are very famous in Amsterdam for reliability.
You can also find a pawnbroker in a number of other cities, but they are usually a bit more expensive. Yet this is often the most advantageous way to borrow money.
In addition, you should also pay a visit to a social credit bank. These are special banks that help people with debts. These banks are especially for people with little income or if you have a negative BKR registration.
It is not certain that you will also receive a loan from a social credit bank, but it is certainly worthwhile to pay a visit. You can also get a free course on how to handle money.
In addition, you can of course also ask family or friends for a loan. Then of course you have to be careful that you make good agreements. Because you don’t want a disagreement due to the loan and that can easily happen. It is also important that you put this on paper.
Finally, it is also possible to pledge or sell your car and then rent your own car back. This is usually a somewhat expensive solution, but if you have a car and you need money quickly, this can be a solution. You can, of course, simply dispose of your car completely.
Cheapest revolving credit
Many people simply take out the first continuous credit, but if you look a little further and compare the providers, you can save many thousands of USD on an annual basis. It is mainly the large banks that charge high interest rates for a revolving credit, while newcomers or other lenders can be much cheaper.